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Property profile & analytics
OFF-MARKET
Estimated value
$18,050,000
Warehouses
261 Seville Rd Wadsworth, OH 44281-1021
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-4428839
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2016
Total area
125,060 SF
Lot
12.27 ac (534,481 SF)
APN
055-34C-14-002
UPID
US66-4428839
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.83M
Comparable Approach
Comparable
$13.10M
Blend (final)
Blend
$18.05M
Owner & transaction history
J&o Plastics LLC · 7 yrs held
J&o Plastics LLC
since 2019
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$24.5M
+133.5%
Medical building
$20.9M
+99.4%
Commercial (general)
$15.0M
+42.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wadsworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wadsworth submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,395,000
6.5%
$18,830,000
7%
$17,485,000
Alternative Use
Use
Estimation
RESTAURANT
$24,530,000
Change: +134% · Conversion: Difficult
MEDICAL BUILDING
$20,945,000
Change: +99% · Conversion: Difficult
COMMERCIAL (GENERAL)
$14,980,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,970,000
Change: +43% · Conversion: Easy
OFFICE BUILDING
$13,415,000
Change: +28% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$10,940,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$18.05M
Range $16.25M – $19.86M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$144 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$63,966
Tax year 2023
Assessed value
$1,769,780
Assessed 2023
Previous assessed
$1,769,780
+0.0% YoY
Effective rate
3.61%
On assessed value
Assessed land
$212,340
Assessed improvement
$1,557,440
Land market value
$606,690
Improvement market value
$4,449,830
Total market value
$5,056,520
Applied tax rate
55.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2016
Heating
YES
Cooling
YES
Stories
1
Total area
125,060 SF
Lot
12.27 ac (534,481 SF)
APN
055-34C-14-002
UPID
US66-4428839
Jurisdiction
MEDINA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$24.5M
MEDICAL BUILDING
Est. value
$20.9M
COMMERCIAL (GENERAL)
Est. value
$15.0M
AUTO REPAIR, GARAGE
Est. value
$15.0M
OFFICE BUILDING
Est. value
$13.4M
INDUSTRIAL (GENERAL)
Est. value
$10.9M
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Heating
YES
Cooling
Yes
Stories
1
Lot
12.27 ac
Current owner
From public records · entity-resolved
J&o Plastics LLC
Entity
Mailing address
2194 GRANGER RD, MEDINA, OH 44256-8681
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2023
—
J And O Plastics Holding LLC
—
Deed
related
$7,190,000 · Jpmorgan Chase Bank NA
Mar 1, 2019
$4,500,000
J&o Plastics LLC
Erie Island LLC
Limited Warranty Deed
$4,050,000 · Westfield Bank Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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